heretic on 21/9/2008 at 16:45
Quote Posted by Ko0K
It may be convenient for you to throw that at me to write me off as unreasonable, though.
Kook, you aren't usually this obstinate-
Are you sure you're not just stuck in some obscurant black and white trench where all who agree with you are 'good' and those who dare disagree are 'bad'?
Or do you just loathe open political discourse about as much as you seem to love chasing your own tail?
Ko0K on 21/9/2008 at 17:23
Quote Posted by heretic
Kook, you aren't usually this obstinate-
Are you sure you're not just stuck in some obscurant black and white trench where all who agree with you are 'good' and those who dare disagree are 'bad'?
Or do you just loathe open political discourse about as much as you seem to love chasing your own tail?
Whatever you heard about me being born with a tail is a lie!
Honestly, I wasn't trying to be impossible, although I do apologize if anyone felt 'bullied,' so to speak. It'd be more appropriate to write me off as being a distraction rather than being unreasonable, however.
(edit) I only volunteer to write myself off as a distraction because I'm not contributing to the discussions on political positions as much as I am concerned for the current state of dissension among Americans.
Ghostly Apparition on 21/9/2008 at 21:22
Back to the financial crisis.
The president and crony's are trying to ram a 700 billion dollar bailout plan
which provides for no oversight. At all. No congressional oversight, no judicial oversight. Basically writing paulson a 700 billion dollar check to use as he sees fit. Last chance for the republicans to get their hands on our money?
They say that time is of the essence and its a crisis,... where have I heard that before?
anyway, I like Sen. Sanders proposal.
(
http://www.sanders.senate.gov/news/record.cfm?id=303317)
heretic on 21/9/2008 at 21:59
Next up foreign banks and the auto-industry.
Queue surprise in 10, 9, 8...
Ghostly Apparition on 21/9/2008 at 23:33
Quote Posted by heretic
Next up foreign banks and the auto-industry.
Queue surprise in 10, 9, 8...
Pretty funny, Maybe you could get a job as a comedian...or not.
Rogue Keeper on 23/9/2008 at 07:26
It's interesting how all this shit is making Stiglitz a very vibrant figure, vocal proponent of regulations of the financial market. I guess he has potential for being new Keynes for 21st century.
It's just pity that amazing Milton didn't live to see this. Who would have guessed that infinite growth on "perfectly self-regulating" global financial market will have shorter lifespan than the European Union.
Quote Posted by Fringe
Another problem might be that a number of people who call themselves libertarians are actually militaristic authoritarians in the Heinlein mold.
Don't mind that sad bunch of ANCAPers. Noam Chomsky will explain you what TRUE libertarianism is. :thumb:
heywood on 23/9/2008 at 18:36
Quote Posted by Ghostly Apparition
Back to the financial crisis.
The president and crony's are trying to ram a 700 billion dollar bailout plan
which provides for no oversight. At all. No congressional oversight, no judicial oversight. Basically writing paulson a 700 billion dollar check to use as he sees fit. Last chance for the republicans to get their hands on our money?
They say that time is of the essence and its a crisis,... where have I heard that before?
anyway, I like Sen. Sanders proposal.
Instead of writing off a lot of debt and trying to figure out which set of taxpayers to screw by how much, why don't we have the failing financial institutions issue bonds to the treasury (the reverse of what normally happens). The government would essentially be loaning them money and they would have to pay it back to the taxpayers over the long term, assuming they survive. That wouldn't let them off the hook and they still may fail, but it may be a good thing because we need the financial services industry to contract, just not all at once. And if we have to levy a new tax on somebody in the short term to help pay for this government load, lets have a special tax on financial services firms.
Quote Posted by BEAR
Apparently the election could be swayed by voters voting. Remarkable (fucking dipshits).
Hehe. It's sad, but have you noticed that the two campaigns haven't really been giving the press much meat to work with over the last week? Obama seems to be meekly supporting whatever the Fed & Treasury want to do, while McCain has thrown out statements both for and against trying to see what sticks. Seems neither wants to stick their neck out. It wouldn't surprise me if they both skip voting on the plan when it comes to the Senate floor. Now that would be sad.
Quote Posted by BR796164
It's interesting how all this shit is making Stiglitz a very vibrant figure, vocal proponent of regulations of the financial market. I guess he has potential for being new Keynes for 21st century.
Yes, for sure. What's also interesting is that Larry Summers, Stiglitz's biggest critic, is now doing the press circuit representing the Obama campaign and he's coming out against many of the positions he took while at the IMF and Treasury Department. For example, while he was Treasury Secretary he worked on and supported the Gramm-Leach-Bliley Act, which he's now trying to blame for the problem. And speaking of Gramm-Leach-Bliley, if not for that act of deregulation, Morgan Stanley and Goldman Sachs could not have changed their status from investment banks to bank holding companies, which may end up saving them.
Quote:
Don't mind that sad bunch of ANCAPers. Noam Chomsky will explain you what TRUE libertarianism is. :thumb:
I'm not sure what, if anything, Fringe's "militaristic authoritarians in the Heinlein mold" (for which I assume he's referring to Starship Troopers in particular because not all of Heinlein's stuff is like that) has to do with anarcho-capitalism. :confused:
Starrfall on 24/9/2008 at 00:46
Quote Posted by heywood
Hehe. It's sad, but have you noticed that the two campaigns haven't really been giving the press much meat to work with over the last week?
McCain is still getting caught in lies right and left, it's just that we've all come to expect that so it's not really news.
(and some of us are just drowning them out under the waves of our unshakable confidence that McCain really is an honest, principled man who is only doing it because he loves america and puppies)
Ko0K on 24/9/2008 at 01:50
Quote Posted by Starrfall
(and some of us are just drowning them out under the waves of our unshakable confidence that McCain really is an honest, principled man who is only doing it because he loves america and puppies)
Yes... He's been to Viet Nam. I can understand how he'd love puppies. ...with rice and hot sauce.
